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Research & education only — not financial advice. EDGAR is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates — see Disclosures. Do your own research.

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Home›Stocks›SDEV

SDEV

Stablecoin Development Corp

Next earnings Aug 12, 2026 · consensus $-0.11 EPS, $3.35M rev

Last earnings -1.9% on 2026-05-20

Avoid
$1.11
▼ -0.89%
$1.11▼ -41.08%
over 1Y
L $1.01EODHDH $95.80
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-0.9%
1W-2.6%
1M-20.7%
3M-26.0%
YTD-96.2%
1Y-41.1%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Avoid
Quality
F
Valuation
Fair value
Filings
Flagged
Avoid
Conviction
Horizon
Medium (3–12mo)
Street · 7 analysts
Buy

Conservative balance sheet (liabilities/equity -1.37x); but revenue declined -6.4% YoY.

Revenue (FY2024) $9.78M · FY2024

Stablecoin Development Corp shows $9.78M in FY2024 revenue (-6.4% YoY), a -226.4% net margin.

Financials · annual, by fiscal year

Line itemFY21FY22FY23FY24FY25
Revenue$10.2M$14.4M$10.5M$9.78M—
Gross profit$6.51M$7.78M$6.08M$6.48M—
Operating income-$8.86M-$14.4M-$4.10M-$7.38M-$8.44M
Net income-$5.82M-$10.6M-$9.64M-$7.22M-$22.1M
Diluted EPS-$150.00————
Net margin-57.1%-73.6%-92.2%-73.8%—

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value$21.7M
EV / EBITDA—
EV / Sales2.2
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-74.9%
FCF yield-28.5%

Quality & risk

ROIC (est.)—
Free cash flow-$8.44M
Total debt$106K
Net cash$7.85M
Altman Z-Score-33.05 distress
Piotroski F-Score3/8

Capital returns

Buyback yield—
Dividend yield (est.)16.3%
Shareholder yield16.3%
Shares Δ YoY+357.8%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Red flag in recent filings — restatement (non-reliance) (2026-04-29). Worth a closer look.
  1. 8-K Material agreement2026-06-17
  2. 8-K Earnings results2026-05-20
  3. 10-Q Quarterly report2026-05-15
  4. 8-K Restatement (non-reliance)2026-04-29
  5. 10-K/A Restated periodic report2026-04-29
  6. 8-K Earnings results2026-04-06
  7. 8-K Officer / director change2026-04-01
  8. 8-K Earnings results2026-03-23
  9. 10-K Annual report2026-03-19

Recent filings

all on EDGAR ↗
4Period ending 2026-06-152026-06-17open ↗4Period ending 2026-06-152026-06-17open ↗4Period ending 2026-06-152026-06-17open ↗SCHEDULE 13D/AFiling2026-06-17open ↗SCHEDULE 13D/AFiling2026-06-17open ↗8-KPeriod ending 2026-06-122026-06-17open ↗SCHEDULE 13DFiling2026-05-27open ↗SCHEDULE 13GFiling2026-05-22open ↗8-KPeriod ending 2026-05-202026-05-20open ↗SCHEDULE 13D/AFiling2026-05-19open ↗SCHEDULE 13D/AFiling2026-05-19open ↗4Period ending 2026-01-162026-05-19open ↗

Quality score

F
ValueGrowthProfitHealthMom.
ValueB
GrowthF
ProfitabilityF
Financial healthF
Momentum—
  • ✗Revenue growing year-over-year
  • ✗Profitable (positive net income)
  • ✗Net margin above 10%
  • ✓Liabilities below 2× equity
Revenue
$9.78M
-6.4% YoY
Net margin
-226.4%
ROE
—
P/E
—

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Revenue$9.78M-6.4%
Net income-$22.1M-206.5%
Gross profit$6.48M+6.5%
Operating income-$8.44M-14.4%
Diluted EPS-$150.00+51.6%
Cash & equivalents$7.96M+1750.7%
Total assets$9.04M+163.9%
Total liabilities$31.9M+797.0%
Stockholders' equity-$23.2M-17865.9%
Gross: 66.3%Op.: -86.3%L/E: -1.37x

Frequently asked

Is Stablecoin Development Corp (SDEV) a buy?
SDEV currently carries a Avoid rating with 3/5 conviction, derived from its latest SEC filings. Conservative balance sheet (liabilities/equity -1.37x); but revenue declined -6.4% YoY.
What is Stablecoin Development Corp's quality score?
SDEV scores 32.705882352941174/100 (grade F) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0001389545, latest 10-Q filed 2026-05-15) · EODHD · as of 6/26/2026, 4:33:09 PM.

Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Insider activity

Form 4 · SEC

Last 90 days: 0 open-market buys · 3 sales

2026-06-15
Kazley Michael John
Chief Executive Officer
Acquired (X)11.3M @ $0.00$27.2K
2026-06-15
Kazley Michael John
Chief Executive Officer
Sell24.7K @ $1.09$26.9K
2026-06-15
Framework Ventures IV L.P.
10% owner
Acquired (X)11.3M @ $0.00$27.2K
2026-06-15
Framework Ventures IV L.P.
10% owner
Sell24.7K @ $1.09$26.9K
2026-06-15
R01 Fund LP
Chief Executive Officer
Acquired (X)11.3M @ $0.00$27.2K
2026-06-15
R01 Fund LP
Chief Executive Officer
Sell24.7K @ $1.09$26.9K

Dividends

Annual
Yield (TTM)
360.4%
Annual / share
$4.00
Last ex-date
2025-09-30
Last amount
$4.00
ex 2025-09-30$4.00

Source: EODHD. Yield = trailing-12-month dividends ÷ price.

Earnings history

beat/miss · move
2026-05-20—▼ -1.94%8-K ↗
2026-04-06—▼ -3.59%8-K ↗
2026-03-23—▲ +18.97%8-K ↗
2024-10-16Miss -6.1% est▼ -3.28%8-K ↗
2024-07-11Miss -9.6% est▲ +5.19%8-K ↗
2024-03-14Miss -334.6% est▼ -7.14%8-K ↗

Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.

Recent news

market news →
SDEV: Abbott Cooper PLLC Announces Investigation on Behalf of Stablecoin Development Corporation (Formerly NovaBay Pharmaceuticals, Inc.) StockholdersBullish
globenewswire.com· 2026-06-18
Tether Joins $134 Million SDEV Financing as Stablecoin Infrastructure ExpandsBullish
finance.yahoo.com· 2026-04-15
Stablecoin Development Corporation Begins Trading on NYSE American Under Ticker “SDEV”Bullish
globenewswire.com· 2026-04-06
Security Devices International Kicks off Byrna™ HD Sales with the Launch of New E-Commerce StoreBullish
globenewswire.com· 2019-02-11
Security Devices International Announces Upcoming Launch Pricing for the Byrna™ HD Non-Lethal Personal Security DeviceBullish
globenewswire.com· 2019-02-04
Security Devices International to Showcase the Byrna HD Non-Lethal Personal Security Device at DAYTONA Speedweeks on February 9-17, 2019Bullish
globenewswire.com· 2019-01-23

Vs tracked universe

compare →

1044 tracked peers · median

EDGAR Score33 vs 67
Revenue growth-6.4% vs 7.1%
Net margin-226.4% vs 10.5%
Return on equity— vs 12.3%
P/E— vs 25.5